Bitcoin worth slipped beneath $104,000 on Tuesday, however Wednesday has seen a protection above $103,500. In the meantime, Arthur Hayes says it’s too early to name the tip of the market’s momentum.
The Maelstrom chief funding officer famous in a Tuesday put up that the Bitcoin worth has fallen 27% over the previous month. Even so, he believes the Federal Reserve might nonetheless pave the best way for an additional rally.
Hayes stated the following chapter for Bitcoin might begin when the Fed begins what he calls “stealth quantitative easing,” a quiet return of liquidity disguised as cautious coverage.
For now, he stated, markets are feeling the pressure from a liquidity squeeze tied to the continued US authorities shutdown.
Hayes additionally admitted there’s no solution to know when that shift will arrive. Fed Chair Jerome Powell has stated quantitative tightening will finish by Dec. 1, although there’s no assure of one other charge lower subsequent month.
Why Are Lengthy-Time period Bitcoin Holders Promoting?
The CME FedWatch device places the chances of one other charge lower at about 72%. Nonetheless, analysts say the dearth of readability is affecting danger urge for food throughout markets.
That warning is displaying up within the Bitcoin worth. The asset has fallen about 10% up to now week. Spot Bitcoin ETFs additionally noticed almost $1Bn depart the market throughout the identical stretch, an indication of weak sentiment.
Hayes urged buyers to safeguard capital and put together for unstable buying and selling till the shutdown ends. He has beforehand stated Bitcoin might attain at the least $200,000 earlier than the tip of the yr.
CryptoQuant knowledge present long-term holders offered greater than 827,000 BTC over the previous month, value roughly $86Bn.
(Supply: CryptoQuant)
That quantity is near 4% of Bitcoin’s whole provide and marks the steepest month-to-month decline since July.
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Bitcoin Worth Prediction: Does A Break Under The Oct. 10 Low Sign Extra Draw back?
Bitcoin slipped towards the $101,000–$102,000 zone on Monday, testing a help stage that has held since early October.
Analyst Ali Martinez stated the world might act as a short-term flooring. He famous that the worth has touched a historic demand zone, which beforehand helped stabilize the market.
Bitcoin $BTC might rebound right here to at the least $106,500 or $112,000. pic.twitter.com/BaWBJ7VCTx
— Ali (@ali_charts) November 4, 2025
His chart factors to a doable bounce towards $106,500, and if momentum builds, the transfer might stretch to about $112,000. He additionally expects the market to maneuver sideways for a bit earlier than any clear restoration.
A second analyst provided a extra cautious view. He stated Bitcoin has already fallen beneath its Oct. 10 low, flagging a break in construction that might deepen strain available on the market.
He famous that that is the final main help earlier than Bitcoin slips towards the $98,000 space a worth final touched throughout the sell-off linked to June’s Center East tensions.
The chart reveals repeated sweeps close to present lows, hinting at fading energy and regular promoting strain.
$BTC Now broke beneath its tenth of October low.
That is the final main stage earlier than the $98K low from the center jap struggle fud again in June. pic.twitter.com/41Lzflq7db
— Daan Crypto Trades (@DaanCrypto) November 4, 2025
Each charts present a fast drop from the $114,000–$116,000 zone in late October, adopted by sharp liquidations.
The market is now at a vital level. Consumers want to carry this vary or danger a deeper slide.
If Bitcoin can’t transfer again above close by resistance quickly, worth might drift towards the skinny liquidity space close to $98,000. That will help a darker outlook for the market.
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The put up Arthur Hayes Claims Bull Market Nonetheless In Play: Financial Coverage Locks In Prolonged BTC Worth Development appeared first on 99Bitcoins.
